-The Hindu FDI is a debt inflow or liability foreign exchange because the profits or returns it generates will have to be repatriated. Will FDI in retail, single brand, banking or insurance enhance our foreign exchange earning capacity? Do they bring technology to the economy? There is so much of talk going around in all circles regarding FDI. Politicians, for obvious reasons, speak a language of their own, driven by ulterior motives....

-Outlook Kochi: Reserve Bank Governor D Subbarao today ruled out introduction of Islamic banking in the country but said other methods for channelising funds based on the principles of Islamic law can be looked at. "Islamic banking is not possible", he said, adding the central bank could look at other vehicles based on Islamic banking principles to channelise NRI funds. Replying to a question on the issue, Subbarao said: "There are some legal...

-The Hindu The trials and tribulations of Ashok Khemka and Sanjiv Chaturvedi expose Haryana’s intolerance of upright bureaucrats When Haryana’s top land registration official, Ashok Khemka, decided to probe Robert Vadra’s land deals in the State, he perhaps never anticipated the kind of animosity that his actions against Congress president Sonia Gandhi’s son-in-law would generate within the government. Or, maybe he did, but went ahead nevertheless, hoping that a proactive media would...

-The Hindustan Times A right to information (RTI) activists has filed a police complaint against the wife of revenue minister Raman Bhalla, alleging that she has threatened him against pursuing the case of multi-crore land transfer to hoteliers in Gulmarg. RTI activist SK Bhalla has been fighting the case of alleged illegal transfer of land earmarked for the development of tourist infrastructure under the masterplan of Gulmarg Development Authority (GDA) by...

-Kafila.org Even though Hiamchal Pradesh voted on November 4, Gujarat has been hogging all the limelight. The election in Gujarat is only in the third week of December. Gujarat captures our political imagination as a ‘role model state’ whereas Hiamchal Pradesh is just in our tourism agenda as a top holiday destination. It is hard for anyone to notice Himachal as a political entity among the big brothers like Uttar Pradesh,...